Issue Position: Student Loans

Issue Position

There are many problems with the student loan programs. Student loans now are larger than credit card debt. They cannot be discharged by bankrupcy. The average debt is $30,000. This program has created a demand for education that is causing higher tuition. Higher tuition means more loans. Because of the poor job market, the unemployment rate is 50% for college grads. This bubble in education tuition could create a crisis similar to the housing bubble and crisis.

I want to make education affordable again. Students should not have to mortgage their future job.

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